About the Project
Description
This project aims to extend the current utility of the Hive blockchain, beyond DeFi into SocialFi, building greater value for communities both online and offline. For this purpose we've chosen NFTs as a default asset class, since they have a broader use case than cryptocoins. Integration with emerging ecosystems like ICP and IPFS, ensures that market visibility and data security remains our top priority. This will however not lessen the need for the Hive ecosystem, rather broaden it.
Below I will explain how both the ecosystems will interact and how the value will be generated.
Metamask support for Dapp.
A.I integration trainables.
Post deployment web3 frontend Interacts with both Hive and ICP.
Full canister support.
Value Generation:
Value on Hivelocity Dapp comes from the following:
Sales and purchases of NFTs with real/augmented world utility and services and virtual art.
Time Banking ( a kind of barter ecosystem), on blockchain enables a new asset time to be bought and object (synthetic data), as a commodity in the marketplace.
Future support for metaverse auctions on lands, goods and services, and quantum networks.
Below is our complete breakdown of the funds required to bring this project to life.
Explanation of costs:
In this early alpha version, we would need to dedicate all resources to bringing this project to life, hence the fund requirement may seem a tad bit too much.
Integration: $400 Internet Computer Protocol (ICP) only the integration is amounted for next six to eight months ( per month $150), rest everything is automated, and Hive Signer has nil cost.
Pre Staking: $1100 ( For Dev Fund ), for paying out to developers who will help and add value to this project.
Post Staking: $1500 ( For rewards), for users and beta testers, who will help us in taking this project to the next level.
Infrastructure:
We're using Fleek for frontend website deployment and ether domains for registering on IPFS. An annual fee ($15 - $20) is required to register the domain name. We will manage this fee from the staking rewards that we get on a monthly basis.
Marketing
Promo and marketing: $700 - $1000
Hire a marketing executive for this, on a contract basis for six to eight months.
( This includes a dedicated campaign and promotions with target users, including creating awareness of time banking, web 3.0 and Hive ecosystem ).
Thanking the DHF team.
Team Hivelocity:
(core dev )
The End
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